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Wednesday, November 13, 2019

Arms trade

A new future in global arms sales?


The last few years have seen a subtle transition in how the U.S., as the world’s dominant arms exporter, markets to the world.
Consider what we already know.
In Europe, there’s an expectation to filter more to local firms, whether through co-development or direct buys. There’s also demand for greater access into U.S. programs, and for that access to be on a level playing field.
And then there’s South Korea, now calling for foreign contractors to engage with domestic small and medium-sized enterprises. Financial support for its companies is important, according to the Defense Acquisition Program Administration, but so is guidance that helps identify technologies that will make those domestic companies more marketable. Call it a mentorship of sorts.
Look to Middle Eastern countries and we’ve historically seen more financial offsets: expectations to create jobs at home to improve the economy, grow skilled labor and expand infrastructure. That’s the same in northern Africa.

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